30/4/2025, 6:29:03 pm

US private employers add just 62,000 jobs in April

Private employers added 62,000 jobs in April, far below expectations of 115,000, marking the smallest increase since July 2024. ADP data reflects hiring slowdown amid economic uncertainty, with employers cautious due to policy and consumer concerns. Job openings also dropped to a near three-year low, signaling weakening labor demand and a fragile job market.